Celebrate Bitcoin Black Friday, Propel The Bitcoin Circular Economy
Bitcoin Black Friday was started by Jon Holmquist in 2012 as a way to co-opt a mainstream celebration of consumerism and help Bitcoiners promote their favorite technology. By encouraging merchants to offer discounts on their goods and services when shoppers paid with BTC, the holiday became a showcase for Bitcoin as a payments system, a tool to encourage more businesses to adopt it and a way for HODLers to propel the Bitcoin circular economy. The team behind Bitcoin Magazine relaunched Bitcoin Black Friday this year with a refreshed website featuring dozens of discounts on things as....
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Bitcoin Black Friday has become a household name to Bitcoiners around the world, even those that don't celebrate Thanksgiving, the reason for Black Friday's commercial existence. Over the past year, larger and larger merchants have started experimenting with holding the bitcoins that they receive, or offering bitcoin discounts or even bitcoin-only deals. This year's Bitcoin Black Friday is likely to set a new standard for Bitcoin-only deals. Also read: The Future of Everyday Life with Digital Currencies. BitPay Reminds Bitcoin Merchants to Participate In Bitcoin Black Friday. Earlier this....
As savings technology is still the largely dominant story for Bitcoin, it’s helpful to take a closer look at a few lies about a topic that’s growing in popularity: the Bitcoin circular economy. The post Four Lies About The Bitcoin Circular Economy appeared first on Bitcoin Magazine.
Digital currency processor BitPay has today released some impressive statistics from the Bitcoin Black Friday event that took place this past Friday. Bitcoin Black Friday, as the name would suggest, is a play on the traditional Black Friday shopping day, in which retailers heavily discount their prices. Likewise, many businesses online that accept Bitcoin joined in on the fun, and so Bitcoin Black Friday was born. The payment processor said that on November 29th, they processed 6,296 transactions - making the day the most popular in the history of "bitcoin commerce", as noted by the BitPay....